Purchasing a 4 unit Multi-Family home at age 24
I have been considering purchasing a 4 unit Multi-Family home as an owner occupied/rental investment. The numbers seem to workout very well at this point. Current asking price is $200,000 and the gross monthly cash flow is $3,200. Once I move in that would drop down to $2,400. I am looking for input regarding how much I can expect to set aside for repairs, upgrades, etc. The building looks to be in fairly good shape with no major issues. Looking for advice from anyone who has experience in multi-family properties